Business consultant to venture capitalist

• already held analyse business plans skill
• already held analyse financial performance of a company skill
• already held build business relationships skill
• already held business analysis knowledge
• already held make strategic business decisions skill
• already held management consulting knowledge
• already held perform business analysis skill

• optional, not held establish investment funds optional
• optional, not held actuarial science optional
• optional, not held holding company activities optional
• optional, not held investment banking optional
• optional, not held analyse loans optional
• optional, not held analyse market financial trends optional
• optional, not held apply credit risk policy optional
• optional, not held budget for financial needs optional
• optional, not held credit control processes optional
• optional, not held debt systems optional
• optional, not held develop investment portfolio optional
• optional, not held examine credit ratings optional
• optional, not held financial forecasting optional
• optional, not held foreign languages for international careers optional
• optional, not held international business optional
• optional, not held liaise with financiers optional
• optional, not held maintain client debt records optional
• optional, not held make investment decisions optional
• optional, not held manage contracts optional
• optional, not held modern portfolio theory optional
• optional, not held obtain financial information optional
• optional, not held perform debt investigation optional
• optional, not held review investment portfolios optional

• not needed by the target role advise client on technical possibilities skill
• not needed by the target role advise on communication strategies skill
• not needed by the target role advise on efficiency improvements skill
• not needed by the target role advise on environmental risk management systems skill
• not needed by the target role advise on financial matters skill
• not needed by the target role advise on personnel management skill
• not needed by the target role advise on risk management skill
• not needed by the target role advise on sustainability solutions skill
• not needed by the target role align efforts towards business development skill
• not needed by the target role analyse business processes skill
• not needed by the target role analyse business requirements skill
• not needed by the target role analyse external factors of companies skill
• not needed by the target role analyse internal factors of companies skill
• not needed by the target role analyse the context of an organisation skill
• not needed by the target role apply change management skill
• not needed by the target role business analytics knowledge
• not needed by the target role business communication knowledge
• not needed by the target role business incubation knowledge
• not needed by the target role business intelligence knowledge
• not needed by the target role business law knowledge
• not needed by the target role business process modelling knowledge
• not needed by the target role business processes knowledge
• not needed by the target role business strategy concepts knowledge
• not needed by the target role conduct qualitative research skill
• not needed by the target role conduct quantitative research skill
• not needed by the target role consultation methods knowledge
• not needed by the target role corporate law knowledge
• not needed by the target role define organisational standards skill
• not needed by the target role financial statements knowledge
• not needed by the target role human resource management knowledge
• not needed by the target role identify processes for re-engineering skill
• not needed by the target role identify undetected organisational needs skill
• not needed by the target role implement a management system skill
• not needed by the target role interpret financial statements skill
• not needed by the target role interview people skill
• not needed by the target role liaise with managers skill
• not needed by the target role make data-driven decisions skill
• not needed by the target role management systems standards knowledge
• not needed by the target role market entry strategies knowledge
• not needed by the target role operational research knowledge

7 further entries not listed here

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

• still to learn investment analysis required
• still to learn business valuation techniques required
• still to learn funding methods required
• optional, not held actuarial science optional
• optional, not held holding company activities optional
• optional, not held investment banking optional
• optional, not held credit control processes optional
• optional, not held debt systems optional
• optional, not held financial forecasting optional
• optional, not held foreign languages for international careers optional
• optional, not held international business optional
• optional, not held modern portfolio theory optional

Yes, and it is a substantial move. A business consultant already covers 30% of what a venture capitalist is expected to do: 7 skills carry over, 7 of which the venture capitalist role treats as required.

8 required skills are missing, plus 23 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is decide on providing funds.

Its learning distance is 68 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.